SGL Resources MD, chairman, board of directors and AGM
NSE: SGLRESBSE: 526544IT - ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹2.03.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹50 Cr3,156th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 Jul 2026
- 0.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- −0.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- −6.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 27 Jul 2026
- 0.44
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,48,86862.9% delivered
SGL Resources board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
6 directors3 independent1 executive2 non-executive
- Kantilal Vrajlal LadaniExecutive · joined Oct 2002 · reappointed Nov 2025 · 1 listed board · 1 committee seat
- Sona BachaniIndependent · joined Jun 2025 · 9 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 1 as chair
- Sachin KumarNon-executive · joined Jun 2025 · 1 listed board · 1 committee seat
- Murli ChandakIndependent · joined Jun 2025 · 9 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Mohan ChandiramaniIndependent · joined Jun 2025 · 9 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Suhit BakshiNon-executive · joined Sep 2025 · 6 months as independent · 2 listed boards
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
13 directors who left
- Dinesh Jamnadas Shah, left 29 Sep 2025: Tenure Completion
- Bony Kiritkumar Patel, left 18 Jul 2025: Others
- Ritesh Shivkumar Mishra, left 24 Jun 2025: Others
- Niyati Vora, left 24 Jun 2025: Others
- Keval Rajeshbhai Parikh, left 24 May 2025: Others
- Pooja Smit Shah, left 24 May 2025: Others
- Rajesh Amrutlal Katkoria, left 24 May 2025: Others
- Naynaben Jayeshbhai Vanparia, left 24 May 2025: Others
- Kalpesh Prabhudasbhai Rachchh, left 14 Feb 2025: Others
- Seema Chandresh Vithlani, left 14 Feb 2025: Others
- Suresh Tejwani, left 14 Feb 2025: Others
- Jay Harshadkumar Chotalia, left 4 Jan 2025: Others
- Mitesh Kiritikumar Sanghavi, left 4 Jan 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Jun 20266 of 6 present4 independent · 113 days in between
- 3 Mar 20265 of 6 present3 independent
Audit Committee
Chair Murli Chandak
Mohan Chandiramani, Sachin Kumar
- 3 Mar 20262 of 3 present2 independent
Nomination and remuneration committee
Chair Mohan Chandiramani
Sona Bachani, Suhit Bakshi
- 25 Jun 20263 of 3 present3 independent · 113 days in between
- 3 Mar 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Sona Bachani
Murli Chandak, Kantilal Vrajlal Ladani
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s. Ram Chandak & AssociatesPeer-review certificate valid to Aug 2028
1 earlier auditor
- R V SOMANI & ASSOCIATESNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
SGL Resources AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.SGL Resources share news and announcements
Annual general meeting, 30 Sep 2026
21,277 shareholders on the register on 23 Sep 2026; present: 1 promoter and 44 others; votes counted by HARISH P JAIN / M/S. HARISH P JAIN & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 20.22% · promoters 0.00% · institutions 0.00% · other public 21.52%
- To appoint a director in place of Mr. Suhit Bakshi (DIN: 06395813), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.22% · promoters 0.00% · institutions 0.00% · other public 21.52%
- To approve the appointment of Mrs. Himali Maheshbhai Thakkar (DIN: 10752931) as an Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.22% · promoters 0.00% · institutions 0.00% · other public 21.52%
- Approval for Enhancement of Borrowing Limits of the Company under section 180(1)(c) of the Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.22% · promoters 0.00% · institutions 0.00% · other public 21.52%
- Approval for Enhancement of limit of creation of charge on the Assets of the Company on borrowing under Section 180(1)(a) of the Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.22% · promoters 0.00% · institutions 0.00% · other public 21.52%
- Approval For Enhancement of Limits for Making Investments, Giving Loans, Guarantees Or Providing Securities Under Section 186 of the Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.22% · promoters 0.00% · institutions 0.00% · other public 21.52%
- Approval for Revision in Remuneration of Mr. Kantilal Vrajlal Ladani, Whole-Time Director and Chief Financial Officer of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.22% · promoters 0.00% · institutions 0.00% · other public 21.52%
- Approval of Material Related Party Transaction for Availing Loan from Beta Resources Private LimitedOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.22% · promoters 0.00% · institutions 0.00% · other public 21.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBombay Stock ExchangeSince 15 Apr 2026
Regulation 29 in connection with delay in furnishing prior intimation about the meeting of the board of directors for the board meeting dated March 3,2026.
Delay in furnishing prior intimation about the meeting of the board of directors
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Public IssuesDec 2024 | 49.42 | Loan Repayment | 15.00 | 15.00 | No | Auditors: Fully utilsed |
| Public IssuesDec 2024 | 49.42 | Working Capital | 22.00 | 22.00 | No | Auditors: Fully utilsed |
| Public IssuesDec 2024 | 49.42 | Other general purposes | 12.02 | 12.02 | No | Auditors: Fully utilsed |
| Public IssuesDec 2024 | 49.42 | issue related expense | 0.40 | 0.40 | No | Auditors: Fully utilsed |